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Jan 20, 2013
01/13
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lew is not is chummy with republicans on the hill after the debt ceiling negotiation back in 2011. for that reason and others, his confirmation hearing could be bumpy. if confirmed, he will be dealing with the top issue in this second term, how to get the economy moving and addressing the country's long term fiscal problems. >> this is a president that is forced to grapple with the budget woes, with the economy that cannot get over the hump. it will consume most of his time, i believe, in the second term. >> what he cannot do going into the term is go from economic crisis to economic crisis. that is not leadership. he has to figure out how to address this in a broader policy way. our health care reform cannot waste, must not wait and will not wait another year. >> passing health care legislation early on was high on the president's to-do list. he picked kansas governor to head up health and human services, to get health care legislation done he largely passed control over to congress to put the bill together and to figure out how to get it through. it became a messy process about 2
lew is not is chummy with republicans on the hill after the debt ceiling negotiation back in 2011. for that reason and others, his confirmation hearing could be bumpy. if confirmed, he will be dealing with the top issue in this second term, how to get the economy moving and addressing the country's long term fiscal problems. >> this is a president that is forced to grapple with the budget woes, with the economy that cannot get over the hump. it will consume most of his time, i believe, in...
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Jan 6, 2013
01/13
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ceiling as part of a larger deal. if you take a closer look at the polling, once you name individual spending cuts, voters are less inclined to support them. if you name individual programs that they would cut. generally voters support spending cuts in conjunction with the debt ceiling. >> there are polls showing republicans would have taken the blame if no fiscal cliff deal had been achieved. is there a thinking honest republicans -- amongst republicans that that will shift and if we fail to raise the debt limit we default on our loans, it's the white house and democrats would get the blame and not republicans? >> republicans hope that's the case. i don't think that's very likely. either they'll share the blame, if there's a government shutdown or you states defaults on credit. the last time the government shut down in '95 and 9 # '6 it was the house of representatives. >> your washington colleagues have been writing about the infighting, the division within the reason party. is that overstated and is there a way for
ceiling as part of a larger deal. if you take a closer look at the polling, once you name individual spending cuts, voters are less inclined to support them. if you name individual programs that they would cut. generally voters support spending cuts in conjunction with the debt ceiling. >> there are polls showing republicans would have taken the blame if no fiscal cliff deal had been achieved. is there a thinking honest republicans -- amongst republicans that that will shift and if we...
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Jan 21, 2013
01/13
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we tackle this and more house republicans finally unveil their new debt ceiling deal. we examine the good combat command ugly with americans for tax reform president gror norquist later. one ohio teacher said she has a crippling fear of being children, but is still being forced to work with them. she says it is discrimination. we have to ask our legal team about this outrageous case. for on the case next on "the willis report." ♪ ♪ gerri: almost exactly one year ago today in this program, in this segment we told you about the president hosting a white house event and a chilling viewers he's serious about tackling unemployment. that was his job council. a combination of academics, union reps command ceos. back in unemployment was eight and a half%. today it has fallen. it has fallen, but not far enough. and i would like to tell you that the jobs council is on the case tried to drive us to zero on employment, but the truth is it is not met in the year. the 26-member panel officially known as the president's council on jobs and competitiveness last convened on january
we tackle this and more house republicans finally unveil their new debt ceiling deal. we examine the good combat command ugly with americans for tax reform president gror norquist later. one ohio teacher said she has a crippling fear of being children, but is still being forced to work with them. she says it is discrimination. we have to ask our legal team about this outrageous case. for on the case next on "the willis report." ♪ ♪ gerri: almost exactly one year ago today in this...
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Jan 14, 2013
01/13
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also congress has got to deal with the debt ceiling. we're hitting it yet again. sometime in mid-february, authorities believe. and this time it looks like republicans will be pushing for cuts and social will be on the table. finally, you mentioned vice president biden meeting today with cabinet members to finalize recommendations on guns including pushing for an assault weapons ban, but also what he said is a comprehensive approach to gun control. the nra and others don't believe in assault weapons ban can pass in congress. we'll get his recommendations tomorrow. >> thank you. >>> colin powell is speaking out on nbc's "meet the press" he endorsed chuck hagel to be the new defense secretary. he said hagel would do a great job at the pentagon. powell also fired harsh words at his own republican party. >> there's also a dark -- a dark vain of intolerance in some parts of the party. what do i mean by that? what i mean by that they still sort of look down on minorities. how can i evidence that? when i see a former governor say that the president is shucking and jiving
also congress has got to deal with the debt ceiling. we're hitting it yet again. sometime in mid-february, authorities believe. and this time it looks like republicans will be pushing for cuts and social will be on the table. finally, you mentioned vice president biden meeting today with cabinet members to finalize recommendations on guns including pushing for an assault weapons ban, but also what he said is a comprehensive approach to gun control. the nra and others don't believe in assault...
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Jan 8, 2013
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but we managed to do both budget and debt ceiling deals before. we've done a fiscal cliff deal. we need to give ourselves breathing space but that's going to take really serious spending cuts from the administration. those things are on the table, not just through the debt ceiling and through sequester and continuing resolution, i would hope the president put things on the table that he put on there in the summer of 2011 and more recently things like to change like looking at raising gradually rates of eligibility and means testing. there's really important structural changes that need to happen to give the country fiscal stability. but the aadministration will have to stand up to its own party and produce bold ideas and frankly be willing to work with republicans to get the job done. >> one thing i want to show everybody is politico having this front page profile, the hell no caucus, backed up by the conservative group the club for growth. congressman from arkansas cotton saying, that he would have voted both speaker boehner plan b on millionaires in the final tax hike and vowe
but we managed to do both budget and debt ceiling deals before. we've done a fiscal cliff deal. we need to give ourselves breathing space but that's going to take really serious spending cuts from the administration. those things are on the table, not just through the debt ceiling and through sequester and continuing resolution, i would hope the president put things on the table that he put on there in the summer of 2011 and more recently things like to change like looking at raising gradually...
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Jan 20, 2013
01/13
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we tackle this and more house republicans finally unveil their new debt ceiling deal. we examine the good combat command ugly with americans for tax reform president grover norquist later. one ohio teachesaid she has a crippling fear of being children, but is still being forced to work with them. she says it is discrimination. we have to ask our legal team about this outrageous case. for on the case next on "the willis report." ♪ [ male announcer ] now ny humana medicare plans come with a little extra help in the kitchen. in a first of its kind partnership with walmart, humana medicare plans now include 5% savings on great for you healthier foods at walmart! it's part of the vitality healthyfood program... and one more way humana medicare can help you choose what's good for your health and your wallet. so you can spend a little less money... and spend a little more time sharing what you know with the people who matter most. humana. ♪ ♪ gerri: almost exactly one year ago today in this program, in this segment we told you about the president hosting a white house e
we tackle this and more house republicans finally unveil their new debt ceiling deal. we examine the good combat command ugly with americans for tax reform president grover norquist later. one ohio teachesaid she has a crippling fear of being children, but is still being forced to work with them. she says it is discrimination. we have to ask our legal team about this outrageous case. for on the case next on "the willis report." ♪ [ male announcer ] now ny humana medicare plans come...
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Jan 7, 2013
01/13
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the debt ceiling deal back in april of 2011 cuts $38.5 billion in spending. if you scale that down to your family example we just showed you, that would be like paying down $154,000 credit card balance by $385. so bigger automatic cuts are expected in two months, but our next guests, alan simpson and erskine bowles, two men who were on the president's debt commission, think it won't be enough. they say washington missed a magic moment to do something big. they are here to tell us where the >>> we are back. joining me now, two of the nation's leading voices on fiscal responsibility, former republican senator alan simpson and former clinton chief of staff erskine bowles. welcome to you both. mr. bowles, let me start with you. you heard leader mcconnell. he said the question of revenue is now over. they have done this fiscal cliff deal, and there's no more concern among republicans about raising more revenue. how do you respond to that? >> well look, i think he's right about a lot of stuff. first of all, we've done all the easy stuff. all of the hard decisions l
the debt ceiling deal back in april of 2011 cuts $38.5 billion in spending. if you scale that down to your family example we just showed you, that would be like paying down $154,000 credit card balance by $385. so bigger automatic cuts are expected in two months, but our next guests, alan simpson and erskine bowles, two men who were on the president's debt commission, think it won't be enough. they say washington missed a magic moment to do something big. they are here to tell us where the...
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Aug 31, 2013
08/13
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ceiling. late october is going to be a crucial time for the markets because i don't see a deal right now. >> you have stock fund managers up 14%, and it was an awful august for stock investors, down three and 4% each. >> you know, the government is not going to shut down. we probably will not have a default crisis, but it is headline risk, and i do think there are an awful lot of people in both parties who bizarrely are itching for a fight right now. the democrats seem to think a fight could help them in the fall of 2014, and that's how people think in this town, and the republicans are thinking it could help them with their constituents who wouldn't mind seeing the government shutdown, so it's sort of like a train wreck with the adults not having a very big role right now. >> i will leave it at that, thank you. >>> and the nfl agreeing to put money towards concussion research and compensating retired players, but clinton portis says the money is not most important. >> i don't think it was abo
ceiling. late october is going to be a crucial time for the markets because i don't see a deal right now. >> you have stock fund managers up 14%, and it was an awful august for stock investors, down three and 4% each. >> you know, the government is not going to shut down. we probably will not have a default crisis, but it is headline risk, and i do think there are an awful lot of people in both parties who bizarrely are itching for a fight right now. the democrats seem to think a...
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Oct 12, 2013
10/13
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open again at a time when we are also heading closer to the deadline on the debt ceiling. a short time ago, president obama rejecting another house plan to get everything open again. meanwhile, the senate is trying to push forward with its own plan. so as negotiations continue the american people wait for some kind of break through. hello, everybody. i'm uma pemmaraju. live from the nation's capital. we begin this hour of america's news headquarters with doug mckelway, who is joining us live on capitol hill with the very latest. on the back and forth. >> that is right. things are looking dim for republicans on both the house and the senate sides. we just heard from congressman raul labrador, a republican. on the house side. who said that the president rejected our deal and it's now up to senate republicans. that sentiment also echoed by the words of congressman devin nunez of california who said this moments ago. >> the president has rejected every offer that we have made. so let's wait to see what the senate comes up with. >> on the senate side, the proposal garnering att
open again at a time when we are also heading closer to the deadline on the debt ceiling. a short time ago, president obama rejecting another house plan to get everything open again. meanwhile, the senate is trying to push forward with its own plan. so as negotiations continue the american people wait for some kind of break through. hello, everybody. i'm uma pemmaraju. live from the nation's capital. we begin this hour of america's news headquarters with doug mckelway, who is joining us live on...
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Jan 6, 2013
01/13
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the debt ceiling deal back in april of 2011 cuts $38.5 billion in spending. if you scale that down to your family example we just showed you, that would be like paying down $164,000 credit card balance by $385. so bigger automatic cuts are expected in two months, but our next guests, alan simpson and erskine bowles, two men who were on the president's debt commission, think it won't be enough. they say washington missed a magic moment to do something big. they are here to tell us where the fiscal cliff deal falls short. up next, right after this commercial break. ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. [ sneezes ] [ sniffles ] [ female announcer ] for everything your face has to face. face it with puffs facial tissues. puffs has air-fluffed pillows for 40% more cushion
the debt ceiling deal back in april of 2011 cuts $38.5 billion in spending. if you scale that down to your family example we just showed you, that would be like paying down $164,000 credit card balance by $385. so bigger automatic cuts are expected in two months, but our next guests, alan simpson and erskine bowles, two men who were on the president's debt commission, think it won't be enough. they say washington missed a magic moment to do something big. they are here to tell us where the...
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Jan 31, 2013
01/13
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. >>> in the next hour, the senate is expected to vote on and pass the house's debt ceiling deal. a bill that su spends the debt limit for four months and foregoes the threat of default but doesn't end the fiscal threat. sequestration looms large over the capitol. a provision in the bill being voted on today would whoeld house and senate salaries new york city budget, no pay. there's an incentive. joining us is virginia congressman robert scott and, congressman, let's start actually with what we have already looked at and then move forward from there. the fiscal cliff deal that passed which basically extended the bush tax cuts for those under $450,000, modified the state tax, moved the capital gains rate up to 20%, was that a good or bad deal for the american people? >> we don't know yet because what we did is half of the budget. the tax cut part of the budget. we didn't do how to pay for it part of the budget. the problem that we have gotten ourselves in to is people trying to do budgets as if the taxes and spending are unrelated. they keep talking about reducing the size of gove
. >>> in the next hour, the senate is expected to vote on and pass the house's debt ceiling deal. a bill that su spends the debt limit for four months and foregoes the threat of default but doesn't end the fiscal threat. sequestration looms large over the capitol. a provision in the bill being voted on today would whoeld house and senate salaries new york city budget, no pay. there's an incentive. joining us is virginia congressman robert scott and, congressman, let's start actually...
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Oct 11, 2013
10/13
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ceiling deal has sent stocks sky rocketing. ainsley, such a good day yesterday. republicans say they want to extend the government's ability to borrow six more weeks. stocks rally. we are talking the biggest point game for the entire year. the blue chip adding 320 points. the s&p that00 are likely have in your money market. of the stocks that make up the s&p, just 11 were lower. nasdaq rising 2 and a quarter percent yesterday. rally in a big way. you can call the reaction relief rally or optimism they will get a an agreement but investors were exhaling as they watched money on the side lines this week pour back into the market. there's a measure that shows how nervous investors have been. that fell sharply just 24-hours prior. so the rest of the world markets are following the u.s. stock market higher and our futures this morning indicate that today could be another good day. >> we will take it. >>> president obama finally signs a bill to tapay death benefits to soldiers during the government shut down. they said the bill was n
ceiling deal has sent stocks sky rocketing. ainsley, such a good day yesterday. republicans say they want to extend the government's ability to borrow six more weeks. stocks rally. we are talking the biggest point game for the entire year. the blue chip adding 320 points. the s&p that00 are likely have in your money market. of the stocks that make up the s&p, just 11 were lower. nasdaq rising 2 and a quarter percent yesterday. rally in a big way. you can call the reaction relief rally...
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Jan 6, 2013
01/13
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the debt ceiling deal back in april of 2011 cuts $38.5 billion in spending. if you scale that down to your family example we just showed you, that would be like paying down $154,000 credit card balance by $385. so bigger automatic cuts are expected in two months, but our next guests, alan simpson and erskine bowles, two men who were on the president's debt commission, think it won't be enough. they say washington missed a magic moment to do something big. they are here to tell us where the fiscal cliff deal falls short. up next, right after this co ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for a
the debt ceiling deal back in april of 2011 cuts $38.5 billion in spending. if you scale that down to your family example we just showed you, that would be like paying down $154,000 credit card balance by $385. so bigger automatic cuts are expected in two months, but our next guests, alan simpson and erskine bowles, two men who were on the president's debt commission, think it won't be enough. they say washington missed a magic moment to do something big. they are here to tell us where the...
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Jan 19, 2013
01/13
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FBC
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we tackle this and more house republicans finally unveil their new debt ceiling deal. we examine the good combat command ugly with americans for tax reform president grover norquist later. one ohio teacher said she has a crippling fear of being children, but is still being forced to work with them. she says it is discrimination. we have to ask our legal team about this outrageous case. for on the case next on "the willis report." ♪ at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ ale announcer ] just like you, business pro. just like you. go naonal go like a pro. at legalz
we tackle this and more house republicans finally unveil their new debt ceiling deal. we examine the good combat command ugly with americans for tax reform president grover norquist later. one ohio teacher said she has a crippling fear of being children, but is still being forced to work with them. she says it is discrimination. we have to ask our legal team about this outrageous case. for on the case next on "the willis report." ♪ at a dry cleaner, we replaced people with a...
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Apr 14, 2013
04/13
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we're going to have a debt ceiling we have to worry about. when we take these numbers out of our budget, they have to pass bills given the numbers that are given. a few months ago i see another looming. the same kind of like we had just been through. president's did make a move on some of the mandatory spending efforts that i have been calling for. he talks about a balanced approach. if you eliminate all discretionary spending, we still have a half trillion dollar deficit. >> i would like to hear your opinion of chuck hagel. he has been on the job for a couple of months. .ou are pretty critical of him how would you read the job he has been doing? >> i would probably get him and a. >> why? prissy good about it. -- i feel pretty good about it. i did not have a boat. but he asked me what my concerns were. i have not fountain to be saying one thing and doing a different thing. did oppose some of watched the hearings. not alleviated. i opposed him. he called me. i was going to call him and he called me first. i am the secretary. i want to reach ou
we're going to have a debt ceiling we have to worry about. when we take these numbers out of our budget, they have to pass bills given the numbers that are given. a few months ago i see another looming. the same kind of like we had just been through. president's did make a move on some of the mandatory spending efforts that i have been calling for. he talks about a balanced approach. if you eliminate all discretionary spending, we still have a half trillion dollar deficit. >> i would like...
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Jan 8, 2013
01/13
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ceiling deals, averted sequestration or not averted sequestration, this is a very timely time to have this conversation and we are joined by m fantastic panel of experts to help us cut through confusion and pull back and look at some of the bigger, strategic questions that are out there. i'm joined by three folks here. michael o'hanlon, you're already met, senior fellow and director of research and foreign policy here a brookings where he specializes in defense strategy. one of the most important prolific voices and defense issues, rich and literally hundreds of op-eds, columns, and articles, including one to point to you up on foreign policy but said right now looking at defense budgets . we are joined by richard -- richard betts, one of the top thicker -- thinkers and teachers, professor and director of war and peace studies at columbia university. numerous books have garnered critical success including it was an award from the american science association for the best book of political science. also a key facilitator of a summer security studies workshop that probably somewhere aro
ceiling deals, averted sequestration or not averted sequestration, this is a very timely time to have this conversation and we are joined by m fantastic panel of experts to help us cut through confusion and pull back and look at some of the bigger, strategic questions that are out there. i'm joined by three folks here. michael o'hanlon, you're already met, senior fellow and director of research and foreign policy here a brookings where he specializes in defense strategy. one of the most...
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Jan 18, 2013
01/13
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we tackle this and more house republicans finally unveil their new debt ceiling deal. we examine the good combat command ugly with americans for tax reform president grover norquist later. one ohio teacher said she has a crippling fear of being children, but is still being forced to work with them. she says it is discrimination. we have to ask our legal team about this outrageous case. for on the case next on "the willis report." ♪ this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an al. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only naonal lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national
we tackle this and more house republicans finally unveil their new debt ceiling deal. we examine the good combat command ugly with americans for tax reform president grover norquist later. one ohio teacher said she has a crippling fear of being children, but is still being forced to work with them. she says it is discrimination. we have to ask our legal team about this outrageous case. for on the case next on "the willis report." ♪ this is $100,000. we asked total strangers to watch...
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Mar 22, 2013
03/13
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ceiling deal she says republicans want to eliminate medicare and privatise social security. >>> if the goal is to have them wither on the vine or reduced in a way that does not meet their purpose, then those are fighting words. >> fighting words. >>> and some very strong words on the floor of the house yesterday, thursday, rather, from minnesota republican congresswoman michelle bachmann about repealing the affordable care act. >> that's why we're here. because we're saying let's repeal this failure before it literally kills women, kills children, kills senior citizens. let's not do that. let's love people. let's care about people. >> and that's your morning's dish of scrambled politics. >>> and bill karins is here. let's love people, bill. do you have a good weather report for us? >> no. i should just turn around and leave and go back home. i wish i was a bear and could hibernate and wait until it's spring. wait, it is spring. the bear is very confused. so is punxsutawney phil. that was a bust. let's talk about the wind chill. half the country has a whipped chill under freezing. the b
ceiling deal she says republicans want to eliminate medicare and privatise social security. >>> if the goal is to have them wither on the vine or reduced in a way that does not meet their purpose, then those are fighting words. >> fighting words. >>> and some very strong words on the floor of the house yesterday, thursday, rather, from minnesota republican congresswoman michelle bachmann about repealing the affordable care act. >> that's why we're here. because...
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Feb 12, 2013
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because he thinks he can do it again the way he did it in the debt ceiling deal? or does he think he has to ask his party to move, too? >> bret: bill, also in the excerpts he says tonight i'll lay out the additional proposals that are fully paid for. fully consistent with the budget framework. both parties agree to just 18 months ago. he says let me repeat. nothing i'm proposing tonight should increase the deficit by a single dime. there will be a lot of people who question the math, obviously, in all of that. >> there will be. but this president is extremely confident. he wants to steamroll the republicans. that is very clear on both domestic policy and foreign policy and defense policy. he agreed on nuclear weapons. he sold his starting agreement with russia saying don't worry, this is sort of the last cuts that will be negotiated and modernize the force. article in the front page yesterday no,, more cuts to nuclear weapons coming. hagel nomination along those lines. this is a president who thinks the republican party is weak and divided and unwilling to fight.
because he thinks he can do it again the way he did it in the debt ceiling deal? or does he think he has to ask his party to move, too? >> bret: bill, also in the excerpts he says tonight i'll lay out the additional proposals that are fully paid for. fully consistent with the budget framework. both parties agree to just 18 months ago. he says let me repeat. nothing i'm proposing tonight should increase the deficit by a single dime. there will be a lot of people who question the math,...
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Jan 12, 2013
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. >>> the white house must first deal with the spending and the looming debt ceiling and if congress refuses to raise the debt ceiling coming up, the u.s. go in default. that could trigger a worse economy reaction than we feared in the fiscal cliff situation. we have the latest. if republicans refuse to raise the debt ceiling there's the possibility that the president can work around the congress, but it's likely. >> there are a couple of possibilities that are being floated around, thomas. one is that the white house could use the 14th amendment, that would allow the president to increase the debt ceiling without congress' approval, and it says validity of the public debt of the united states shall not be questioned. some democrats wrote a letter to the white house on friday saying it gives the president the authority to increase the debt ceiling unilaterally, and another option that is floated is to essentially mint a platinum coin worth a trillion dollars. this is a idea that dates back to a 1997 appropriations bill that deals with the issue. the white house saying they do not bel
. >>> the white house must first deal with the spending and the looming debt ceiling and if congress refuses to raise the debt ceiling coming up, the u.s. go in default. that could trigger a worse economy reaction than we feared in the fiscal cliff situation. we have the latest. if republicans refuse to raise the debt ceiling there's the possibility that the president can work around the congress, but it's likely. >> there are a couple of possibilities that are being floated...
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Feb 1, 2013
02/13
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ceiling deal, and then have consistently done that all the way through 2013, we still have had 35 straight months of private sector job growth. 157,000 new private sector jobs in the jobs report today. you know, we're continuing to make slow and steady progress. but i think actually senator blunt is correct. certainty is the problem. but what happens is that -- what needs to happen is the republicans need to engage in some introspection here. they need to it look inside themselves and realize that it is they that have been causing this uncertainty. if we were able to actually get some certainty, which senator blunt and i agree on, then we would actually get through to a long-term deal. president obama has proposed a $4 trillion deficit deal. one that is a balanced approach, which we had a debate over whether we wanted balance, through revenue and cuts or whether we wanted a cuts-only approach which the republicans proposed. and the american people decided they wanted president obama's vision. and that's the path we need to continue down so we can provide that certainty. but -- >> let me as
ceiling deal, and then have consistently done that all the way through 2013, we still have had 35 straight months of private sector job growth. 157,000 new private sector jobs in the jobs report today. you know, we're continuing to make slow and steady progress. but i think actually senator blunt is correct. certainty is the problem. but what happens is that -- what needs to happen is the republicans need to engage in some introspection here. they need to it look inside themselves and realize...
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Jan 13, 2013
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trying to avert the debt ceiling debate by invoking the 14th amendment, cementing dosh minting the trillion dollar coin -- do you think those are viable options, would you be opposed to them being used? , i don't believe anyone should hold the -- >> i don't believe anyone should hold the american people ransom for what they could not get done in the ballot box. paying for our debts in the past -- for things we did, we borrowed money. republicans and democrats alike past these budgets -- passed these budgets. in our publicans are saying they don't want to pay for the things they voted for -- now republicans are saying they don't want to pay for things they voted for in past budget. to allow them to put conditions on the balance deal by saying we are going to ask for a ransom, devastating cuts to social security and medicare, in order to cover costs for things like the bush tax cuts, unpaid wars in iraq and afghanistan -- i agree with the president. the american people should not be held hostage with this game of using the debt ceiling as a way to try to extract what you could not get through
trying to avert the debt ceiling debate by invoking the 14th amendment, cementing dosh minting the trillion dollar coin -- do you think those are viable options, would you be opposed to them being used? , i don't believe anyone should hold the -- >> i don't believe anyone should hold the american people ransom for what they could not get done in the ballot box. paying for our debts in the past -- for things we did, we borrowed money. republicans and democrats alike past these budgets --...
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from the debt ceiling deal. fiscal cliff. and democrats looking at paul ryan's budget which starts by repealing obamacare. >> which is why we are not going to get a bargain, grand or small. it won't happen. we have have an administration that is not interested in what the country needs reform and entitlement, tax reform and cuts. republicans who insist on that. that will only be resolved in elections at the mid-term or elections in 2016 -- >> allow me. >> fortunately there is -- unfortunately there is no other way. >> i think there are lots of republicans who do think that paul ryan thing, eliminate obamacare is not realistic and are interested in a deal with obama. boehner's leadership would be at stake. mcconnell has the own issues making any deal with obama. a lot of senators you saw coburn is one of them and mccain sat by his side at the jefferson hotel interested in proving that republican are about the people, too. >> i understand that, too. but what will obama offer? that is the question. >> that is. tomorrow at 10:30
from the debt ceiling deal. fiscal cliff. and democrats looking at paul ryan's budget which starts by repealing obamacare. >> which is why we are not going to get a bargain, grand or small. it won't happen. we have have an administration that is not interested in what the country needs reform and entitlement, tax reform and cuts. republicans who insist on that. that will only be resolved in elections at the mid-term or elections in 2016 -- >> allow me. >> fortunately there is...
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if you lost track of the debt ceiling and budget battles t came out of the debt limit deal. it was the white house's idea to hold washington's feet to the fire. the cuts were never supposed to happen. the committee that replaced them failed and at the start of the ewe near, the deal triggered even further until march 1st. we are faced with the looming cuts a few weeks away that boiled down to $85 billion that will be slashed by this fall if nothing happens. the focus has been on the cuts and the entire $1.2 trillion will be a 50-50 defense between defense and spending. to put us into perspective is the center for social inclusion. the sequester was designed to be something that would never happen. prot expect would scare washington into coming out with something else. there sounds out of washington, particularly from republicans that they might be okay with nothing happening and sequester being triggered. half is defense and half non-domestic discretionary spending. can you explain to people what would be cut if the sequester goes into effect. >> it's a pleasure to be here.
if you lost track of the debt ceiling and budget battles t came out of the debt limit deal. it was the white house's idea to hold washington's feet to the fire. the cuts were never supposed to happen. the committee that replaced them failed and at the start of the ewe near, the deal triggered even further until march 1st. we are faced with the looming cuts a few weeks away that boiled down to $85 billion that will be slashed by this fall if nothing happens. the focus has been on the cuts and...
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Oct 9, 2013
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how do you see the government reopening and getting a debt ceiling deal done when the list of demands potentially keeps growing? >> well, that's the problem is that they have -- the republicans continue to put a smorgasboard of their most extreme ideas on the list of things that they're insisting on we include in any -- in any potential deal and then, of course, not excluding, although paul ryan didn't mention it in his op-ed, not excluding the fact that they also want to repeal or delay obama care. look, we -- this is very simple. democrats in the house and the senate have voted repeatedly to just keep the government open, to adopt a clean spending resolution. thomas, remember, we've even agreed to the number, the spending level that the republicans proposed that we oppose because we know that it can't be my way or the highway. we have to be responsible. we have to pay the bills. we have to get the government up and running and we have to make sure that kids can go back to their head start program, that the hungry can be fed, because the usda food that is provided to homeless shelter
how do you see the government reopening and getting a debt ceiling deal done when the list of demands potentially keeps growing? >> well, that's the problem is that they have -- the republicans continue to put a smorgasboard of their most extreme ideas on the list of things that they're insisting on we include in any -- in any potential deal and then, of course, not excluding, although paul ryan didn't mention it in his op-ed, not excluding the fact that they also want to repeal or delay...
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reporter: that is right, back in 2011, leading up to the last debt ceiling deal, we saw gold pricing again and standard & poor's downgraded the u.s. credit rating. but this time the price in gold has been declining ahead of the debt ceiling deal and it's actually down 1.3% since the shutdown went into effect and it has lost more than a fifth of its value. about 22% since january of this year and not put this on track worth the annual performance since 1981. 370-dollar decline has been the biggest annual dollar drop ever. they do not expect gold to jump this time around. president obama's nomination is are is and will and her son at it and it is time to back off, probably been consistent all the work that he has done thus far. >> the civilian who stepped in front and ended this confrontation then he didn't have it done in he didn't have anything couldn't this undercover cop have done the same thing? >> that's right, motorcyclist actually the motorcyclist actually contributed to the violence at the end. they are driving for a long time before they get to the area, he could have tried t
reporter: that is right, back in 2011, leading up to the last debt ceiling deal, we saw gold pricing again and standard & poor's downgraded the u.s. credit rating. but this time the price in gold has been declining ahead of the debt ceiling deal and it's actually down 1.3% since the shutdown went into effect and it has lost more than a fifth of its value. about 22% since january of this year and not put this on track worth the annual performance since 1981. 370-dollar decline has been the...
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Oct 15, 2013
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that basically there's three key dates, that under this proposed deal, the debt ceiling would be increased to early mid-february, the government would be reopened until mid january and then that there would be broader budget talks with an expiration date of december 15. now why are those dates significant? number one, on the january 15th reopening of the government until mid january, what that means is, arrange january 15, more sequester cuts are about to kick in. that would tee us up for another big showdown in mid january as to whether democrats are going to pull in some of those big sequester cuts, a lot of republicans want to stop that. finally it seems like delaying the medical device tax for two years, the thing that has come up in the president's health care law. that would not be part of this deal. that would be something they would try to work out in those broader budget talks. but this may anger senator ted cruz who will say wait a minute why are you punting into mid jarp. two years ago we had a similar process, not exactly the same, but similar, what that so-called supercommitte
that basically there's three key dates, that under this proposed deal, the debt ceiling would be increased to early mid-february, the government would be reopened until mid january and then that there would be broader budget talks with an expiration date of december 15. now why are those dates significant? number one, on the january 15th reopening of the government until mid january, what that means is, arrange january 15, more sequester cuts are about to kick in. that would tee us up for...
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Jan 31, 2013
01/13
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the debt ceiling moves out of the way for fight over government spending. it has already started. >> clearly, it is the spending that we have to deal. now is the perfect time to do so. the key to a robust recovery is to create jobs and grow. >> it is something that we know. we understand that. there is more to making our recall of an economy. rich: if any of the amendments pass, the bill then heads back to the house. the senate will very likely said this bill to the president's desk this evening. the sequester beginning in march in a large portion of government authority running out march 7. if they fail to reach a spending puma we will have another government shutdown. back to you. connell: let's bring in band manager. -- let's bring in dan and. the president is a bully. is that what that means? >> clearly, john boehner is now understanding that what is going on is he is in the thunder dome. rather than in a good-faith negotiation with the president. i am so glad, dagen, in your introduction $450 at least twice. $450 billion is incomprehensible. the democr
the debt ceiling moves out of the way for fight over government spending. it has already started. >> clearly, it is the spending that we have to deal. now is the perfect time to do so. the key to a robust recovery is to create jobs and grow. >> it is something that we know. we understand that. there is more to making our recall of an economy. rich: if any of the amendments pass, the bill then heads back to the house. the senate will very likely said this bill to the president's desk...
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afford. >> justin, is it smart for republicans to mention the possibility of not raising the debt ceiling when the consequences could be so great? even newt gingrich, "wall street journal" saying, this is not appropriate to not follow through on the obligations to pay its bills. what do you think about that politically for the republicans? >> well, look, president obama is an effective campaigner, no doubt about it. he has the bully pulpit. i think the republicans have principle on their side. the principle is the american people don't want trillion-dollar deficits as far as the eye can see. they don't want to have $20 trillion of debt on our children and our grandchildren and if the americans in congress can structure the debate and frame it in terms of we are willing to raise the debt ceiling if the president will work with us to address spending cuts, i think that's a winning political argument. >> i think it's very interesting. i am worning your take and the fact that the way that this deal was constructed over the cliff, the debt ceiling and the sequestration are bog going to happen
afford. >> justin, is it smart for republicans to mention the possibility of not raising the debt ceiling when the consequences could be so great? even newt gingrich, "wall street journal" saying, this is not appropriate to not follow through on the obligations to pay its bills. what do you think about that politically for the republicans? >> well, look, president obama is an effective campaigner, no doubt about it. he has the bully pulpit. i think the republicans have...
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what would the consequences be of not reaching a debt ceiling deal in the next two days? >> the immediate consequences, practical cops defenses would probably be almost zero. that is to say there would only be the projections based on obligations coming up. but the psychological damage would be very real and that psychological damage would translate to immediate major problems for the world economy. >> i'd like to switch gears here to this libyan terrorist who is in new york as we reported he's facing pending criminal indictment trial. could this be the beginning of a new way of hamming terror suspects that does not include guantanamo? >> actually, there have been a couple of other instances where people who have been charged with terrorism have been tried in u.s. courts. there was one in kentucky very recently. part of the problem is that the ones who are being held in guantanamo bay have not really had any adjudication of the charges against them. they have all been hug up for the longest time, by which i mean many, many years. in the case of the one just arrested in li
what would the consequences be of not reaching a debt ceiling deal in the next two days? >> the immediate consequences, practical cops defenses would probably be almost zero. that is to say there would only be the projections based on obligations coming up. but the psychological damage would be very real and that psychological damage would translate to immediate major problems for the world economy. >> i'd like to switch gears here to this libyan terrorist who is in new york as we...
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ceiling. >> i don't support not dealing with the program. this whole, the way this town works and the fiscal cliff deal, the only winners were washington, they got more money and the folk necessary ohio lost rev snaul business owners had money taken from them. politicians in washington win. 10 or 7 of the 10 wealthiest counties are in the dc area . mr. van hollen res one of those areas it is about time to say stop the madness and cut up the credit card and we want a solution. >> guest: a couple of points. sequester was replaced two months and not kicked down the road. >> guest: it was kicked down the road. >> guest: no, jim, you have to get the facts straight. >> guest: i have them straight. >> guest: we have 24 billion in deficit reduction. halfful it was cut and the model going forward is to continue to do balanced approach of cuts and revenue. america didn't go over the fiscal cliff. i know you voted not to go over the fiscal cliff. >> guest:ip voted not to raise taxes on anyone. the president could have stopped it you wanted additional r
ceiling. >> i don't support not dealing with the program. this whole, the way this town works and the fiscal cliff deal, the only winners were washington, they got more money and the folk necessary ohio lost rev snaul business owners had money taken from them. politicians in washington win. 10 or 7 of the 10 wealthiest counties are in the dc area . mr. van hollen res one of those areas it is about time to say stop the madness and cut up the credit card and we want a solution. >>...
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i have debt ceiling deal and sequestration and continued resolution extended. that creates a lot of obstacles for the big they have to come up with it and who has the leverage in the final situation? i am not sure the republicans win if the government shuts down, but it makes it more difficult for the president to get the dole he wants. but it fores the republicans to come to the table in ways they don't want. >> good to see you both and good discussion. take care. >> we are also just learning more about thousands of other new government regulations. >> the obama administration releases thousands of pages of proposed rules that impact the nation's economy. shannon green has the latest. >> by law, federal agencies are required to release an accounting of proposed federal regulations each april and october. that didn't happen last year. insphed obama administration finally released the 20 12 regulatory on the friday afternoon before christmas. >> the fact that it snuck in after the election and the holiday season and when people were occupied with their families.
i have debt ceiling deal and sequestration and continued resolution extended. that creates a lot of obstacles for the big they have to come up with it and who has the leverage in the final situation? i am not sure the republicans win if the government shuts down, but it makes it more difficult for the president to get the dole he wants. but it fores the republicans to come to the table in ways they don't want. >> good to see you both and good discussion. take care. >> we are also...
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. >> sir, you voted for the deal, but you have also said you wouldn't vote to raise the debt ceiling. are you still firm on that? congressman yoho, can you hear me? >> yeah, go ahead. >> i was saying, yeah, you have said that you will not vote to raise the debt ceiling, however you did vote for the fiscal cliff deal. do you still stand firm on the debt ceiling position? >> we, no, sir, i didn't vote for the fiscal cliff deal. i wasn't sworn in yet. but it's like we've said -- >> you said you wouldn't vote for it, if it were you. >> right. i agree. i did not say that, but i didn't vote that way. we've raised the debt ceiling seven times, and it hasn't resolved the problem. the only thing it's done is made us go more in dead. president obama yet on his news conference said raising the debt ceiling will not raise our debt ceiling. all we've raised the debt, we have to may more interest. that in it/will increase the spending. we have a spending problem in this country. that's what we need to address. >> what is your biggest bone of content with john boehner? you've been very public about
. >> sir, you voted for the deal, but you have also said you wouldn't vote to raise the debt ceiling. are you still firm on that? congressman yoho, can you hear me? >> yeah, go ahead. >> i was saying, yeah, you have said that you will not vote to raise the debt ceiling, however you did vote for the fiscal cliff deal. do you still stand firm on the debt ceiling position? >> we, no, sir, i didn't vote for the fiscal cliff deal. i wasn't sworn in yet. but it's like we've...
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i can't wait to see what he's going to do on the debt ceiling, on the sequester, and on the continuing resolution as we get closer to his d-day. >> the thing, though, is in terms of national brand management, when you look at the polling, right, the approval rating, john boehner's approval rating on handling the debt ceiling negotiations, 31%. his disapproval rating is 51%. the president's disapproval rating 52%, disapproval, 37%. >> that's what i found hysterical. john boehner's office put out this dramatic statement that he would no longer sit down at the table and be part of the negotiations as if that's been a path to victory or he realized he had no role in this, no effective role. the problem with the republican party is they don't know who they are. they can't figure out who they are. you mention tom cotton. i know another interview i read from him recently, he said, i'm ready to take my medicine. he's not taking any medicine, it's the american people, the people getting their health care cut, their education funding cut, and it's like get out of washington, get in an rv, drive
i can't wait to see what he's going to do on the debt ceiling, on the sequester, and on the continuing resolution as we get closer to his d-day. >> the thing, though, is in terms of national brand management, when you look at the polling, right, the approval rating, john boehner's approval rating on handling the debt ceiling negotiations, 31%. his disapproval rating is 51%. the president's disapproval rating 52%, disapproval, 37%. >> that's what i found hysterical. john boehner's...
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>> i think the fiscal cliff deal was a lousy deal but i think moving forward with the debt ceiling i think those who believe in limited spending and solving the debt and not bankrupting our kids have the advantage in the negotiation on the debt ceiling. if we can stand strong and insist on number one structural reforms to fix the problem and number two, progrowth policies to grow the economy and get jobs back and get people back to work i think we with win that debate and win that argument. i don't think what washington needs is more compromise. i think washington needs more common sense and more principle. >> it is good to get to know you. thanks so much for dropping by and good luck. >> thank you for having me. >> appreciate it. >> up next, a new year, a new congress. we'll ask our political panel if the political well is still poison. >>> our economy captain afford more protracted showdowns or manufactured crises along the way. >> the american dream is in peril so long as its name sake is weighed down by this anchor of debt. break its hold and we begin to set our economy free. >>
>> i think the fiscal cliff deal was a lousy deal but i think moving forward with the debt ceiling i think those who believe in limited spending and solving the debt and not bankrupting our kids have the advantage in the negotiation on the debt ceiling. if we can stand strong and insist on number one structural reforms to fix the problem and number two, progrowth policies to grow the economy and get jobs back and get people back to work i think we with win that debate and win that...
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it and it's not going to move as long as he's not willing to help us deal with the debt. and this stuff about, well, the supreme court upheld obama care, they did not uphold what he told america it was, what the bill itself was, and that is a penalty for an individual mandate. they said it's not lawful as a penalty, but we're relegislate and call it a tack. there's -- i have stood with devin so many times, i'm so glad he's in congress. and you're seeing us come together on these issues because we're standing for the right thing. >> you all do agree on plenty, although maybe not on tactics and tragedy as much. so thank you for making time to come in. >> and shannon, one other thing about the story you did before on hagel sam whiten. our serpation, we have all been telling simm before the shutdown that he had the authority to keep those people at work, all this week them being out of work was his fault. >> and now you have agreement with secretary hagel. so we'll end on that note. thank you both for coming in, we appreciate your time. >>> next we're going to look at some hu
it and it's not going to move as long as he's not willing to help us deal with the debt. and this stuff about, well, the supreme court upheld obama care, they did not uphold what he told america it was, what the bill itself was, and that is a penalty for an individual mandate. they said it's not lawful as a penalty, but we're relegislate and call it a tack. there's -- i have stood with devin so many times, i'm so glad he's in congress. and you're seeing us come together on these issues because...
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to raise the debt ceiling. we hear from president obama at the white house, followed by chuck hagel on the impact on the military. and, nancy pelosi on upcoming negotiations. >> is the federal boys return to work, president obama spoke about the bipartisan agreement that reopened the government and raise the debt ceiling. the bill passed the house and senate funds the government three junior 15, and raise the debt limit the of every seven. >> good morning, everybody. please have a seat. last night i signed legislation to reopen our government and pay america's bills. because democrats and responsible republicans came together, the first government shutdown in 17 years is now over. the first default in more than 200 years will not happen. these twin threats to our economy have now been lifted, and i want to thank those democrats and republicans for getting together and ultimately getting this job done. now, there's been a lot of discussion lately of the politics of this shutdown, but let's be clear. there are no
to raise the debt ceiling. we hear from president obama at the white house, followed by chuck hagel on the impact on the military. and, nancy pelosi on upcoming negotiations. >> is the federal boys return to work, president obama spoke about the bipartisan agreement that reopened the government and raise the debt ceiling. the bill passed the house and senate funds the government three junior 15, and raise the debt limit the of every seven. >> good morning, everybody. please have a...
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obama seems to be moving away from it, congress may have squabbled over the debt ceiling, but they are not going to deal with the essential problem in a meaningful way. >> i am reading a book on lbj. jack kennedy was having the same problem with congress. everything was being sidetracked, they were not going anywhere. >> that is true. i would say this, as far as what senator obama said in 2006, consistency is the hobgoblin of small minds. if there was a different attitude. we have raised the debt ceiling 70-plus times. there has always been that sense of we're not going to vote to raise the other guy's debt ceiling, but there was always the understanding that we would provide the votes in the final analysis. the president's party did that. right now, what you have is a situation where the republican party is reduced to its lowest andi in the history of "the wall street journal" poll. the only thing that is worse is john boehner. 18% favorable. this is not a formidable partner. >> over the weekend, "politico" spoke to many advisers and said house republicans and party leaders appear wil
obama seems to be moving away from it, congress may have squabbled over the debt ceiling, but they are not going to deal with the essential problem in a meaningful way. >> i am reading a book on lbj. jack kennedy was having the same problem with congress. everything was being sidetracked, they were not going anywhere. >> that is true. i would say this, as far as what senator obama said in 2006, consistency is the hobgoblin of small minds. if there was a different attitude. we have...
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are you willing to see reforms in medicare and social security that deal with parts of this debt problem the country has? >> well, i'll tell you. i've always been an advocate for responsible spending. i think government needs to be delivering services for people in a cost effective way. and now we have not only an opportunity, but an obligation to do that. find ways to spend smarter. that's what i stood for in the state legislature, drill down into budgets, find ways to more effectively deliver for people. so that is absolutely what i'm committed to doing. you know, in my position, in addition to working on the task force on gun violence in the house, i'm also on transportation and infrastructure. and science. and those are two great persons to look for how we lay the foundation for economic growth, for jobs in our communities. and that is going to have to be key part of this battle. >> okay. elizabeth esty, democrat from connecticut, new member of congress where newtown is. i know a big focus of your first year is going to be on the gun violence issue. thanks for coming on and welcome t
are you willing to see reforms in medicare and social security that deal with parts of this debt problem the country has? >> well, i'll tell you. i've always been an advocate for responsible spending. i think government needs to be delivering services for people in a cost effective way. and now we have not only an opportunity, but an obligation to do that. find ways to spend smarter. that's what i stood for in the state legislature, drill down into budgets, find ways to more effectively...